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24 November 2021, 13:00

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Photo by M. Denisov. Mos.ru

Moscow became the leader in the European ranking in the ESG Governance category and came in second overall, ahead of Paris and Berlin.

Moscow took first place in the ESG Governance category of the European Cities of the Future: ESG Innovation Index. It assesses the ability of megacities to create and promote technological solutions in the field of ecology, governance and social sphere. Sergei Sobyanin wrote about this in his account on the social network. “In contact with”.

 

In the overall standings of cities, Moscow became the second. The capital of Russia was bypassed only by London, behind were Paris, Berlin and Barcelona. The rating was presented by the Munich research center DEEP Ecosystems.

“The high position of Moscow in the rating is due to the fact that the number of companies and start-ups, guided by the principles of sustainable development, is growing in the city. It is especially important that the compilers of the rating noted the policy of the Moscow government aimed at promoting the principles of ESG, which is a response to the request of Muscovites, as well as the high level of interaction with the international technological community and transport accessibility of the city, ”said the head of the Moscow

Department of Entrepreneurship and Innovative Development of the City of Moscow Alexey Fursin

The ranking provides a comprehensive assessment of the innovation potential of European cities in four categories: ESG Entrepreneurship Community, ESG Entrepreneurship Support Network, ESG Social Capital and ESG Governance.

Moscow was able to take first place in the ESG Public Administration category due to the comfortable conditions for creating innovations, introducing them into the urban economy and using them by residents. The implementation of solutions in the urban environment is facilitated, in particular, by the pilot innovation testing program implemented by the Moscow Innovation Agency. The program includes more than 140 urban and commercial sites, on the basis of which startups can test their developments and receive feedback from customers and users.

Another project promoting innovation is the online catalog “Map of Innovative Solutions”. This platform has a section where city structures can post requests to search for innovations, and technology companies can offer their products for these requests.

The study for the rating notes that more than 130 thousand technology companies operate in the Russian capital, and the number of ESG-oriented organizations is constantly growing.

The Moscow Innovation Cluster (MIC) makes a separate contribution to the development of the ESG technology community. In particular, at the moment there is a selection of projects for the joint GreenTech StartUp Booster competition with the Skolkovo innovation center, focused on startups in the ESG field.

The intersectoral association “Green Moscow”, created on the basis of MIC, deserves special attention. Its participants develop projects aimed at reducing the carbon footprint, cleaning air and water bodies, and also solving other environmental problems.

In addition, Moscow was ranked second in two other categories of the ranking – ESG Entrepreneurs Community and ESG Social Capital, ahead of cities such as Paris and Berlin.

The authors of the rating also identified aspects in which the Russian capital is inferior to a number of European megacities, in particular, in the number of targeted support programs for ESG companies and the level of venture funding for projects from this industry.

EDITOR’S NOTE: This article is a translation. Apologies should the grammar and or sentence structure not be perfect.

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